Foundations as sustainability partners: climate philanthropy finance flows in China

被引:2
|
作者
Ni, Na [1 ,4 ]
Wu, Dongrui [1 ,2 ]
Xie, Xiaofeng [1 ]
Chen, Yingtong [1 ]
Jian, Zhui [1 ]
Qiu, Jincheng [1 ]
Zhang, Peichang [3 ]
机构
[1] Shenzhen Univ, Shenzhen Audencia Financial Technol Inst, Shenzhen, Peoples R China
[2] Sun Yat Sen Univ, Int Sch Business & Finance, Guangzhou, Peoples R China
[3] Shenzhen Univ, Coll Elect & Informat Engn, Shenzhen, Peoples R China
[4] Shenzhen Univ, Shenzhen Audencia Financial Technol Inst, Shenzhen 518060, Peoples R China
关键词
Climate finance; philanthropic foundations; classification framework; visualization; co-word analysis; ENVIRONMENTAL GOVERNANCE; CORPORATE PHILANTHROPY; GOVERNMENT; BUSINESS; STRATEGY; IMPACTS;
D O I
10.1080/14693062.2023.2169235
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
Despite substantial efforts being made through public and private sources, funding for climate change mitigation falls far short of what is needed. Meanwhile, philanthropic sources have begun to emerge as important sustainability partners by connecting multiple sectors and guiding funding flows. This study provides a comprehensive overview of climate-related philanthropic foundation financing and funding in China. Using a classification framework for climate change initiatives through co-word analysis and text segmentation techniques, we conduct visualization analysis to depict the changing pattern of climate philanthropy in China by analyzing donors, subfields, and flow of funds between 2008 and 2019. We conclude by providing suggestions for funders, charities, and policymakers seeking to enhance the value of collaborative governance in addressing climate change.Key policy insightsPhilanthropic sources play a key role in climate change mitigation in the new mixed-actor model of climate governance in China.Climate philanthropy in China is inseparable from strong political connections and policy influence of the government.Policymakers worldwide need to pay attention to flows and gaps in philanthropic funding as part of climate finance monitoring and to stimulate data-driven decisions concerning future investments.Policymakers need to leverage the crucial role of philanthropy in connecting multiple sectors to strengthen the climate change mitigation ecosystem.
引用
收藏
页码:446 / 461
页数:16
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